Short Interest in Power Solutions International, Inc. (OTCMKTS:PSIX) Expands By 24.5%

Power Solutions International, Inc. (OTCMKTS:PSIX) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 69,000 shares, a growth of 24.5% from the June 30th total of 55,400 shares. Based on an average daily trading volume, of 462,000 shares, the days-to-cover ratio is currently 0.1 days.

Power Solutions International Price Performance

Shares of OTCMKTS:PSIX traded up $0.09 during midday trading on Monday, hitting $11.95. 154,800 shares of the stock were exchanged, compared to its average volume of 39,784. The company has a current ratio of 0.85, a quick ratio of 0.49 and a debt-to-equity ratio of 0.05. The stock has a market cap of $274.61 million, a P/E ratio of 9.05 and a beta of 0.88. The company has a 50 day moving average price of $7.43 and a 200-day moving average price of $4.08. Power Solutions International has a twelve month low of $1.70 and a twelve month high of $13.49.

Power Solutions International (OTCMKTS:PSIX) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.31 earnings per share for the quarter. The business had revenue of $95.24 million during the quarter. Power Solutions International had a negative return on equity of 360.24% and a net margin of 6.78%.

Power Solutions International Company Profile

Power Solutions International, Inc designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally. The company offers engine blocks integrated with fuel system parts, as well as completely packaged power systems, that include combinations of front accessory drives, cooling systems, electronic systems, air intake systems, fuel systems, housings, power takeoff systems, exhaust systems, hydraulic systems, enclosures, brackets, hoses, tubes, packaging, telematics, and other assembled componentry.